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Thai baht

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"Baht" redirects here. For the unit of mass, see Tical (unit). For the river in Morocco, see Baht River. For the town in Uzbekistan, see Baxt.
Thai baht
บาทไทย (Thai)
Banknotes and coins of the Thai baht issued by the Bank of Thailand
ISO 4217
CodeTHB (numeric: 764)
Subunit0.01
Unit
PluralThe language(s) of this currency do(es) not have a morphological plural distinction.
Symbol฿ or บ.‎
Denominations
Subunit
 1⁄100satang
Banknotes
 Freq. used฿20, ฿50, ฿100, ฿500, ฿1000
Coins
 Freq. used25, 50 satang, ฿1, ฿2, ฿5, ฿10
 Rarely used1, 5, 10 satang
Demographics
Date of introduction1897; 127 years ago (1897)
Official user(s) Thailand
Unofficial user(s)
Issuance
Central bankBank of Thailand
 Websitewww.bot.or.th
PrinterNote Printing Works of the Bank of Thailand
MintRoyal Thai Mint
 Websitewww.royalthaimint.net
Valuation
Inflation1.2% (2023)
 SourceWorld Bank

The baht (/bɑːt/; Thai: บาท, pronounced [bàːt]; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang (สตางค์, pronounced [sà.tāːŋ]). Prior to decimalisation, the baht was divided into eight fueang (เฟื้อง, pronounced [fɯá̯ŋ]), each of eight at (อัฐ, pronounced [ʔat̚]). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of December 2023.[1]

History

[edit]
Main article: History of Thai money
See also: Tical (unit)
Siamese tical
(Predecimal Thai baht)
Predecimal tical coin issued in Rama IV eraPredecimal tical coin issued in Rama V era
Unit
Pluralticals (baht)
SymbolTcs, Tcl, 圓, 銖
(no native symbols)‎
Denominations
Superunit
 80chang
 4tamlueng
Subunit
 1⁄8fueang
 1⁄64at
Symbol
 fueangF, 方
Banknotes
 Freq. used
  • 1 Tcs
  • 5 Tcs
 Rarely used
  • 1⁄8 Tcs
  • 1⁄4 Tcs
  • 3⁄8 Tcs
  • 1⁄2 Tcs
  • 5⁄8 Tcs
  • 3⁄4 Tcs
  • 7⁄8 Tcs
  • 8 Tcs
  • 10 Tcs
  • 12 Tcs
  • 16 Tcs
  • 20 Tcs
  • 24 Tcs
  • 28 Tcs
  • 32 Tcs
  • 40 Tcs
  • 48 Tcs
  • 60 Tcs
  • 80 Tcs
  • 100 Tcs
  • 140 Tcs
  • 400 Tcs
  • 800 Tcs
  • 1000 Tcs
Coins
 Freq. used
  • 1⁄16 F
  • 1⁄8 F
  • 1⁄4 F
  • 1⁄2 F
  • 1 F
  • 1⁄4 Tcs
  • 1⁄2 Tcs
  • 1 Tcs
  • 2.5 Tcs
  • 4 Tcs
  • 8 Tcs
Demographics
Date of introduction
  • Photduang coinage: c. 1200s
  • Predecimal coinage: 1860
Date of withdrawal1910; 114 years ago (1910)
User(s) Siam
Issuance
Central bankSiamese government
Printersee § Predecimal banknotes
MintRoyal Thai Mint
Valuation
Pegged withPound sterling (from 1908)
(13 baht per pound)
This infobox shows the latest status before this currency was rendered obsolete.

The Thai baht, like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as photduang.[2] These were pieces of solid silver cast to various weights corresponding to a traditional system of units related by simple fractions and multiples, one of which is the baht. These are listed in the following table:[3][4] Though the coins themselves have names like: solot, siao, sik, etc, the formal division of the Thai baht (tical) is 1 baht = 8 fueang = 64 at. This means that one baht is divided into eight fueang, and each one fueang is divided into 8 at. Currently, the Thai baht do not employ the at as a subunit, but the at is the current subunit of the Lao kip.

Unit (RTGS) Thai spelling Relative value Value relative to Notes
Baht Satang
Bia เบี้ย 1⁄100 at 1⁄6400 0.0156 Bia is Thai for cowry, the shell of which was used as a trade medium of the same value.
Solot โสฬส 1⁄16 fueang 1⁄128 0.78 Solot here literally means sixteen or sixteenth, referring to the fractional amount relative to a fueang.
At อัฐ 1⁄8 fueang 1⁄64 1.56 Likewise, at means eight.
Siao/Phai เสี้ยว/ไพ 1⁄4 fueang 1⁄32 3.125 Siao means quarter.
Sik ซีก 1⁄2 fueang 1⁄16 6.25 Sik means half.
Fueang เฟื้อง 1⁄8 baht 1⁄8 12.5 The smallest silver bullet coins available in the market.
Salueng สลึง 1⁄4 baht (0.25 baht, 25 satang) 1⁄4 25 Thai version of the mace. It is also the equivalent of the Cambodian salong, and Burmese pya.
Baht บาท 1 100 It is also the equivalent of the Cambodian baat, and Burmese kyat. Its alternative name is the tical.
Tamlueng ตำลึง 4 baht 4 400 Thai version of the tael.
Chang ชั่ง 20 tamlueng 80 8000 Thai version of the catty.
Hap หาบ 80 chang 6400 640000
Siamese predecimal tical system

This predecimal system was in use up until 1897, when the decimal system devised by Prince Jayanta Mongkol, in which one baht = 100 satang, was introduced by his half-brother King Chulalongkorn along with the demonetization of silver bullet coins on 28 October 1904 after the end of silver bullet coin production by the opening of Sitthikarn Royal Mint in 1857.[5] However, coins denominated in the old units were issued until 1910, and the amount of 25 satang is still commonly referred to as a salueng, as is the 25-satang coin.

Until 27 November 1902, the baht was fixed on a purely silver basis, with 15 grams of silver to the baht. This caused the value of the currency to vary relative to currencies on a gold standard. From 1856 to 1864, the values of certain foreign silver coins were fixed by law, with 5 baht = 3 Spanish dollar = 7 Indian rupees.[6] Before 1880 the exchange rate was fixed at 8 baht per pound sterling, falling to 10 to the pound during the 1880s.

In 1902, the government began to increase the value of the baht by following all increases in the value of silver against gold but not reducing it when the silver price fell. Beginning at 21.75 baht per pound sterling, the currency rose in value until, in 1908, a fixed peg to the British pound sterling was established of 13 baht per pound. This was revised to 12 baht in 1919 and then, after a period of instability, to 11 baht in 1923. During World War II, the baht was fixed at a value of one Japanese yen on 22 April 1942.[7][8]

From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978.[9] [10] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis. The baht was floated and halved in value, reaching its lowest rate of 56 to the dollar in January 1998. It rose to 30 per dollar in January 2021.

The baht was originally known to foreigners by the term tical,[11] which was used in English language text on banknotes until the series 2 1925.[12][13]

Currency symbol

[edit]

The currency symbol for the baht is ฿ (a latin letter B with a vertical stroke). In 1986, this symbol was given a codepoint for computer use in the Thai Industrial Standard 620-2533 (Thailand's extension of ASCII), at position 0xDF. This national standard was subsequently subsumed into international standards as ISO/IEC 8859-11 ("ISO Latin-Thai"). In turn, the ISO 8859 series were transposed into the Unicode standard,[14] where the symbol was allocated the codepoint U+0E3F ฿ THAI CURRENCY SYMBOL BAHT.[15] The symbol is also used for the Panamanian balboa.[16]

Abbreviation

[edit]

In Thai usage, the baht (บาท) is legally abbreviated as บ. according to Section 7 of the Currency Act, B.E. 2501.[17]

Bitcoin

[edit]

For a time, the baht symbol was appropriated by some as a symbol for Bitcoin, a cryptocurrency. Following representations,[18] a separate code point (U+20BF ₿ BITCOIN SIGN, a latin letter B with two vertical strokes) was allocated in Unicode version 10.0.[19]

Square katakana

[edit]
This article contains special characters. Without proper rendering support, you may see question marks, boxes, or other symbols.

In Unicode 1.0, two codepoints were allocated to the baht, one as the currency symbol in the Thai range and one in the CJK Compatibility block as a square version of the Japanese word for "baht", written in katakana script.[20] The CJK codepoint, U+332C ㌬ SQUARE PAATU, is documented in subsequent versions of the standard as "a mistaken, unused representation" and users are directed to U+0E3F ฿ THAI CURRENCY SYMBOL BAHT instead.[21] Consequently, only a few computer fonts have any content for this codepoint and its use is deprecated.[20]

(The Japanese for "baht" is バーツ (bātsu). However, the reference glyph ⟨㌬⟩ and the character name correspond to パーツ (pātsu, from English "parts").[20])

Historical symbols used before decimalization

[edit]

Before decimalization, the Siamese government employed Chinese, Latin, Jawi (Malay), Devanagari, Khmer and Khom, Lanna, and Burmese scripts  in banknotes and coins, as seen. The reason is not clear, though it is a common understanding that it is to ease the facilicitation of trade within Siam. It could also be the case that at the time, the capital, Bangkok (Phra Nakhon) was still a multi-cultural city, so as to be more inclusive, the government added various other language onto the currency - though by the second series after the decimalization in the 1900s, the currency was all but monolingual.

圓; yuán (บาท): This character was use during the times of Rama IV to represent baht, though this was phased out by another character which is in partially and informally used today. The only occurrence of this character was in Rama IV's banknote series.

銖; 铢; zhū (บาท): This character was in use from 1868–1925 officially on banknotes to represent baht. It is still in use today unofficially to refer to the Thai baht in general, as in 泰銖 or 泰铢.

錢; 銭; qián (สลึง): This character was in use from 1851–1908 officially on banknotes and coins to represent salueng.

方; fāng (เฟื้อง): This character was in use from 1851–1908 officially on banknotes and coins to represent fueang.

The notation for these chinese character are written like they are in Thai, though there is a caveat: it is written right to left, as was the convention back then, so one baht is written 圓壹 or 銖壹, if there are smaller units involved the notation can write like such: 方銭參圓壹 for one baht, three salueng, and one fueang.

Coins

[edit]

Summary

[edit]
Summary of predecimal baht coins
Series/Value 1/16 Fueang
(1 Solot) 		1/8 Fueang
(1 At) 		1/4 Fueang
(1 Siao) 		1/2 Fueang
(1 Sik) 		1 Fueang
(1 Fueang) 		1/4 Ticals
(1 Salueng) 		1/2 Ticals
(2 Salueng) 		1 Tical
(1 Baht) 		2 Ticals
(2 Baht) 		2 1/2 Ticals
(2 Baht 2 Salueng) 		4 Ticals
(1 Tamlueng) 		8 Ticals
(2 Tamlueng)
Issue 1
(1856)
Issue 2
(1860)
Issue 3
(1875)
Issue 4
(1888)
Summary of decimal baht coins
Series/Value 0.5 Satang 1 Satang 2.5 Satang 5 Satang 10 Satang 20 Satang 25 Satang 50 Satang 1 Baht 2 Baht 5 Baht 10 Baht
Issue 5
(1897)
Issue 6
(1908, 1913, 1939)
Issue 6.5
(1929)
Issue 7
(1937, 1941, 1942, 1945)
Issue 8
(1946)
Issue 9
(1950)
Issue 10
(1972)
Issue 11
(1977)
Issue 12
(1982)
Issue 13
(1987, 2005, 2008, 2009)
Issue 14
(2018)

Photduang coinage

[edit]
Example of the spanish dollar which was marked with the Siamese government's emblem - marking that it is legal tender.

Cowrie shells from the Mekong River had been used as currency for small amounts since the Sukhothai period. Before 1860, Thailand did not produce coins using modern methods. Instead, a so-called "bullet" coinage was used, consisting of bars of metal, thicker in the middle, bent round to form a complete circle on which identifying marks were stamped.[22][23] Denominations issued included 1⁄128, 1⁄64, 1⁄32, 1⁄16, 1⁄8, 1⁄2, 1, 1+1⁄2, 2, 2+1⁄2, 4, 4+1⁄2, 8, 10, 20, 40 and 80 baht in silver and 1⁄32, 1⁄16, 1⁄8, 1⁄2, 1, 1+1⁄2, 2 and 4 baht in gold. One gold baht was generally worth 16 silver baht. Between 1858 and 1860, foreign trade coins were also stamped by the government for use in Thailand.

Sukhothai and Ayutthaya photduang

[edit]

Photduang, a form of currency used during the Sukhothai period, was characterized by its longer legs, which created a larger and wider hole in the middle. These coins were primarily made of silver and featured a cut across the front of each leg. This cut served a dual purpose: it authenticated the money and allowed for the quality of the silver to be tested. Over time, as the Sukhothai Kingdom declined and became a vassal state of Ayutthaya—which was established as the capital in 1350—the design of photduang evolved. The coins became rounder with shorter legs, and the central hole, while still present, grew smaller. By the end of this era, the hole disappeared completely. The cuts on the legs also reduced in size and were eventually replaced by a small elliptical nick, known as "Met Kao San," on one side of the coin.[24]

Thonburi and Rattanakosin photduang

[edit]

The Thonburi period (1767–1782) and the Rattanakosin period, beginning in 1782, adopted the photduang design from the late Ayutthaya period. The coins from these periods had no central hole, and the legs were even shorter. A key difference was that Thonburi photduang lacked the elliptical nick, whereas the Rattanakosin coins reintroduced this feature, similar to the Ayutthaya coins. Photduang from these later periods typically featured two stamped marks: the dynasty mark on top and the king's personal mark on the front part. The dynasty mark often symbolized the kingdom's ruling dynasty, while the king's personal mark represented the reigning monarch.[24]

Markings on the photduang

[edit]

The markings on photduang coins varied across different periods. During the Sukhothai era, some coins bore no marks, while others had up to 11. This variation was because, at that time, individuals and merchants could produce their own money. However, from the Ayutthaya period onward, the production of photduang was monopolized by the government, making it easier to identify coins from each era. Ayutthaya photduang typically bore two marks: the dynasty mark, which could be a spoked wheel symbolizing the "Wheel of Law" from Buddhist teachings or the Chakra (Vishnu's weapon), represented by a pattern of 8 dots surrounding a central dot. The king's personal mark varied with each ruler and included symbols such as a conch shell, a Garuda bird (khrut), an elephant, and an anchor, each symbolizing different aspects of the king's reign or divine associations.[24]

Photduang timeline

[edit]
Thai baht#Coin timelineThai baht#Thonburi and Rattanakosin photduangThai baht#Thonburi and Rattanakosin photduangThai baht#Thonburi and Rattanakosin photduangThai baht#Thonburi and Rattanakosin photduangThai baht#Thonburi and Rattanakosin photduangThai baht#Sukhothai and Ayutthaya photduangThai baht#Sukhothai and Ayutthaya photduang

[25] *continues in the coin section*

Photduang of the Thai tical (Rama III & Rama IV)[26]
Image Names Value Width
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Primary Secondary in silver
baht 		in gold
baht
Bia
เบี้ย 		1⁄6400 1⁄102400 25 1.58 Calcium carbonate None 1238–1869
Half Phai
กึ่งไพ 		At
อัฐ 		1/64 1/1024 2 0.25 Silver State ensign of Rattanakosin 1824–1851
Phai
ไพ 		1/32 1/512 4 0.5 Silver State ensign of Rattanakosin
Castle 		1824–1856
2 Phai
สองไพ 		Half Fueang
กึ่งเฟื้อง 		1/16 1/256 6 1 Silver State ensign of Rattanakosin
Castle 		1824–1856
Fueang
เฟื้อง 		1/8 1/128 6.5 1.98 Silver State ensign of Rattanakosin
Castle 		1824–1856
Salueng
สลึง 		1/4 1/64 9 3.7 Silver State ensign of Rattanakosin
Castle 		1824–1856
2 Salueng
สองสลึง 		Half Baht
กึ่งบาท 		1/2 1/32 11 7.6 Silver State ensign of Rattanakosin
Castle 		1824–1856
Baht
บาท 		1 1/16 14.5 15.14 Silver State ensign of Rattanakosin
Castle 		1824–1856
Gold 2 Phai
สองไพทอง 		Gold Half Fueang
กึ่งเฟื้องทอง 		1 1/16 5 1 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
2 Baht
สองบาท 		Half Tamlueng
กึ่งตำลึง 		2 1/8 17.5 30.30 Silver State ensign of Rattanakosin
Castle 		1824–1856
Gold Fueang
เฟื้องทอง 		2 1/8 6 1.5 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
4 Baht
สี่บาท 		Tamlueng
ตำลึง 		4 1/4 23.5 60.50 Silver State ensign of Rattanakosin
Castle 		1824–1856
Gold Salueng
สลึงทอง 		4 1/4 8 3.7 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
Gold 2 Salueng
สองสลึงทอง 		Gold Half Baht
กึ่งบาททอง 		8 1/2 9.5 7.56 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
Gold Baht
บาททอง 		16 1 12 15.14 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
Gold 2 Baht
สองบาททอง 		Gold Half Tamlueng
กึ่งตำลึงทอง 		32 2 16 30.01 Gold State ensign of Rattanakosin
Phra Maha Mongkut seal 		1851–1856
40 Baht
สี่สิบบาท 		Half Chang
กึ่งชั่ง 		40 2.5 48 606.5 Silver State ensign of Rattanakosin
Phra Maha Mongkut seal 		1860
80 Baht
แปดสิบบาท 		Chang
ชั่ง 		80 5 59 1216 Silver State ensign of Rattanakosin
Phra Maha Mongkut seal 		1859

Predecimal coinage

[edit]

Rama III (1824–1851) was the first king to consider the use of a flat coin. He did so not for the convenience of traders, but because he was disturbed that the creatures living in the cowrie shells were killed. When he learned of the use of flat copper coins in Singapore in 1835, he contacted a Scottish trader, who had two types of experimental coins struck in England. The king rejected both designs. The name of the country put on these first coins was Muang Thai, not Siam.[27][28]

In 1860, modern-style coins were introduced. These were silver 1 sik; 1 fueang; 1 and 2 salueng; 1, 2, and 4 baht; with the baht weighing 15.244 grams and the others weight-related. Tin 1 solot and 1 at followed in 1862, with gold 2+1⁄2, 4, and 8 baht introduced in 1863 and copper 2 and 4 at in 1865. Copper replaced tin in the 1 solot and 1 at in 1874, with copper 4 at introduced in 1876. The last gold coins were struck in 1895.

Coin timeline

[edit]
Thai baht#Issue 14 - 2018Thai baht#Issue 13 - 2009Thai baht#Issue 13 - 1987, 1988, 2005, 2008Thai baht#Issue 12 - 1982Thai baht#Issue 11 - 1977Thai baht#Issue 10 - 1972Thai baht#Issue 9 - 1950Thai baht#Issue 8 - 1946Thai baht#Issue 7 - 1937, 1941, 1942, 1945Thai baht#Issue 6 - 1908, 1913, 1929, 1939Thai baht#Issue 5 - 1897 (transitional)Thai baht#Issue 4 - 1888Thai baht#Issue 3 - 1875Thai baht#Issue 2 - 1860Thai baht#Issue 1 - 1856 (transitional)Thai baht#Photduang timeline

Issue 1 - 1856 (transitional)

[edit]

The first issue of coins were commissioned by Rama IV, though it was never brought into circulation. This was one of the first attempt to replace the bullet coins, but few were ever minted without making it into circulation.[29]

Issue 1 coins (Rama IV)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Name Coinage value Obverse Reverse
Fueang
เฟื้อง 		1 fueang,
1/8 baht 		15 1.8 Gold Phra Maha Mongkut seal กรุงเทพ (Krung Thep) 1856
Fueang
เฟื้อง 		1 fueang,
1/8 baht 		12.5 1.85 Silver Chakra (top), Phra Tao (middle)
Phra Maha Mongkut seal (bottom) 		none 1856
Salueng
สลึง 		1/16 tamlueng,
1/4 baht 		16 3.8 Silver Chakra (top), Phra Tao (middle)
Phra Maha Mongkut seal (bottom) 		none 1856

Issue 2 - 1860

[edit]

The first circulating issue of the Siamese coins. This marked the start of the move away from using photduang currency. Though in this era, the photduang were still legal tender. In this series, the lower denominations were made of silver, and the higher ones were made of gold. These higher denominations were given nicknames: pot dueng, pit, and tot. Pot dueng means thirty two, as in 1/32 of a chang. The other nickname was the chinkang or one Chinese tamlueng.[30] The pit means twenty, as in 1/20 of a chang, the other name is ekkang, or one thai tamlueng.[31] The tot means ten, as in 1/10 of a chang. The coin was also called thukkang, which means two tamlueng.[32] In the lower denominations materials such as tin, copper and brass are used, since these are quite low value.

Issue 2 coins (Rama IV)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Name Coinage value Obverse Reverse
Solot
โสฬส 		1/16 fueang,
1/128 baht 		23 × 2 4 Tin Phra Maha Mongkut seal with no star State ensign of Siam
สิบ หก อัน เป็น เฟื้อง
1/16　F.　方　片　六　十 		1862
At
อัฐ 		1/8 fueang,
1/64 baht 		29 × 2 7.2 Tin Phra Maha Mongkut seal with no star State ensign of Siam
แปด อัน เปน เฟื้อง
1/8　F.　方　片　捌 		1862
Siao
เสี้ยว 		1/4 fueang,
1/32 baht 		22 × 3 7.55
3.55 		Copperฺ
Brass 		Phra Maha Mongkut seal with no star State ensign of Siam
สี่ อัน เปน เฟื้อง
1/4　F.　方　片　四 		1865
Sik
ซีก 		1/2 fueang,
1/16 baht 		29 × 3 10~
7.61 		Copper
Brass 		Phra Maha Mongkut seal with no star State ensign of Siam
สอง อัน เปน เฟื้อง
1/2　F.　方　片　二 		1865
Half Fueang
ครึ่งเฟื้อง 		1/2 fueang,
1/16 baht 		13 × 1 0.92 Silver Phra Maha Mongkut seal with no star State ensign of Siam with no star 1860
Fueang
เฟื้อง 		1 fueang,
1/8 baht 		16 × 1 1.84 Silver Phra Maha Mongkut seal with 1 star State ensign of Siam with 1 star 1860
Salueng
สลึง 		1/16 tamlueng,
1/4 baht 		22 × 1 3.7 Silver Phra Maha Mongkut seal with 2 stars State ensign of Siam with 2 stars 1860
Half Baht
ครึ่งบาท 		1/8 tamlueng,
1/2 baht 		27 × 1 7.46 Silver Phra Maha Mongkut seal with 4 stars State ensign of Siam with 4 stars 1860
Baht
บาท 		1/4 tamlueng,
1 baht 		31 × 1 15.45 Silver Phra Maha Mongkut seal with 8 stars State ensign of Siam with 8 stars 1860
Half Tamlueng
ครึ่งตำลึง 		1/2 tamlueng,
2 baht 		37 × 2.5 30 Silver Phra Maha Mongkut seal with 16 stars State ensign of Siam with 16 stars 1863
Pot Dueng
พัดดึงส์ 		5/8 tamlueng,
2.5 baht 		16 × 0.8 1.83 Gold Phra Maha Mongkut seal State ensign of Siam 1863
Pit
พิศ 		1 tamlueng,
4 baht 		17 × 1 3.88 Gold Phra Maha Mongkut seal State ensign of Siam 1863
Tot
ทศ 		2 tamlueng,
8 baht 		22 × 1 7.42 Gold Phra Maha Mongkut seal State ensign of Siam 1863

Issue 3 - 1875

[edit]

The first series to depict king Rama V, the coins of this issue were made of copper, silver, and gold. Though gold was strangely only used for the 1 fueang denomination.[33] The new shield emblem was introduced in this issue. This shield was separated into three section. Drawing from western influences, symbols within these sections represented territories Siam was controlling. The tree-headed elephant represented Siamese territory, the bottom-left elephant represented Lan Xang, and the warangka represented Siamese Malaya.

Issue 3 coins (Rama V)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Name Coinage value Obverse Reverse
Solot
โสฬส 		1/16 fueang,
1/128 baht 		20 × 1 2.67 Copper กรุงสยาม (Kingdom of Siam)
Monogram of Rama V
รัชกาลที่ ๕ (5th Reign) 		โสลด (Solot)
๑๖ (16)
อันเฟื้อง (parts fuang)
๑๒๓๖ (CS 1236) 		1875
At
อัฐ 		1/8 fueang,
1/64 baht 		25 × 1 5.58 Copper กรุงสยาม (Kingdom of Siam)
Monogram of Rama V
รัชกาลที่ ๕ (5th Reign) 		อัฐ (At)
๘ (8)
อันเฟื้อง (parts fuang)
๑๒๓๖ (CS 1236) 		1875
Siao
เสี้ยว 		1/4 fueang,
1/32 baht 		30.5 × 2 11.14 Copper กรุงสยาม (Kingdom of Siam)
Monogram of Rama V
รัชกาลที่ ๕ (5th Reign) 		เสี้ยว (Siao)
๔ (4)
อันเฟื้อง (parts fuang)
๑๒๓๖ (CS 1236) 		1875
Sik
ซีก 		1/2 fueang,
1/16 baht 		38.5 × 2.5 22.57 Copper กรุงสยาม (Kingdom of Siam)
Monogram of Rama V
รัชกาลที่ ๕ (5th Reign) 		สิ้ก (Sik)
๒ (2)
อันเฟื้อง (parts fuang)
๑๒๓๘ (CS 1238) 		1875
Fueang
เฟื้อง 		1 fueang,
1/8 baht 		16 × 2.3 1.89
4~ 		Silver
Gold 		สมเด็จพระปรมินทรมหาจุฬาลงกรณ์
(His Majesty King Chulalongkorn)
พระจุลจอมเกล้าเจ้าอยู่หัว
(King Chulalongkorn) 		กรุงสยาม (Siam)
รัชกาลที่๕ (5th Reign)
เฟื้องหนึ่ง (1 fueang) 		1875
Salueng
สลึง 		1/16 tamlueng,
1/4 baht 		21 × 2.3 3.82 Silver สมเด็จพระปรมินทรมหาจุฬาลงกรณ์
(His Majesty King Chulalongkorn)
พระจุลจอมเกล้าเจ้าอยู่หัว
(King Chulalongkorn) 		กรุงสยาม (Siam)
รัชกาลที่๕ (5th Reign)
สลึงหนึ่ง (1 salueng) 		1875
Baht
บาท 		1/4 tamlueng,
1 baht 		31 × 2.3 15.1 Silver สมเด็จพระปรมินทรมหาจุฬาลงกรณ์
(His Majesty King Chulalongkorn)
พระจุลจอมเกล้าเจ้าอยู่หัว
(King Chulalongkorn) 		กรุงสยาม (Siam)
รัชกาลที่๕ (5th Reign)
บาทหนึ่ง (1 baht) 		1875

Issue 4 - 1888

[edit]

This was a minor-issue, where the lesser denominations' designs were updated to incorporate the three-parted shield into the design.

Issue 4 coins (Rama V)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Name Coinage value Obverse Reverse
Solot
โสฬส 		1/16 fueang,
1/128 baht 		19 × 2 2.8 Copper จุฬาลงกรณ์ ป.ร.
(Chulalongkorn)
พระจุลจอมเกล้าเจ้ากรุงสยาม
(King of Siam) 		หนึ่งโสฬศ (1 solot)
๑๑๘ (RS 118) 		1888
At
อัฐ 		1/8 fueang,
1/64 baht 		24 × 2 5.8 Copper จุฬาลงกรณ์ ป.ร.
(Chulalongkorn)
พระจุลจอมเกล้าเจ้ากรุงสยาม
(King of Siam) 		หนึ่งอัฐ (1 at)
๑๒๒ (RS 122) 		1888
Siao
เสี้ยว 		1/4 fueang,
1/32 baht 		30 × 2 11.3 Copper จุฬาลงกรณ์ ป.ร.
(Chulalongkorn)
พระจุลจอมเกล้าเจ้ากรุงสยาม
(King of Siam) 		หนึ่งเซียว (1 siao)
๑๒๒ (RS 122) 		1888

Decimal coinage

[edit]

The decimalization of the Thai baht came about at the end of the 19th century. The minister of treasury, Jayanta Mongkol, the Prince Mahisara Rajaharudaya, suggested to King Rama V, that decimalization would make counting easier and further modernize Siam. Initially, there would be one superunit, chang, and one subunit, at. with the baht being in the middle. In summary, 64 at = 1 baht = 1/80 chang. In reality, this was just a simplification of the old system, which was scrapped.[34] In which, during the period of 1902–1908, Siam went back to the old system. Though in comparison, at is used as the subunit in Laos, compared to the satang in the Thai baht. The second attempt came at the end of Rama V's reign, where it was more widely accepted and put into effective use.

In 1897, the first coins denominated in satang were introduced, cupronickel 2+1⁄2, 5, 10, and 20 satang. However, 1 solot, 1, and 2 at coins were struck until 1905 and 1 fueang coins were struck until 1910. In 1908, holed 1, 5, and 10 satang coins were introduced, with the 1 satang in bronze and the 5 and 10 satang in nickel. The 1 and 2 salueng were replaced by 25 and 50 satang coins in 1915. In 1937, holed, bronze 1⁄2 satang were issued.

In 1941, a series of silver coins was introduced in denominations of 5, 10, and 20 satang, due to a shortage of nickel caused by World War II. The next year, tin coins were introduced for 1, 5, and 10 satang, followed by 20 satang in 1945 and 25 and 50 satang in 1946. In 1950, aluminium bronze 5, 10, 25, and 50 satang were introduced whilst, in 1957, bronze 5 and 10 satang were issued, along with 1-baht coins struck in an unusual alloy of copper, nickel, silver and zinc. Several Thai coins were issued for many years without changing the date. These include the tin 1942 1 satang and the 1950 5 and 10 satang, struck until 1973, the tin 1946 25 satang struck until 1964, the tin 50 satang struck until 1957, and the aluminium bronze 1957 5, 10, 25, and 50 satang struck until the 1970s. Cupronickel 1-baht coins were introduced in 1962 and struck without date change until 1982.

In 1972, cupronickel 5-baht coins were introduced, switching to cupronickel-clad copper in 1977. Between 1986 and 1988, a new coinage was introduced, consisting of aluminium 1, 5 and 10 satang, aluminium bronze 25 and 50 satang, cupronickel 1 baht, cupronickel-clad copper 5 baht and bimetallic 10 baht. Cupronickel-clad steel 2 baht were introduced in 2005.

Issue 5 - 1897 (transitional)

[edit]
Issue 5 coins (Rama V)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Name Coinage value Obverse Reverse
2.5 satang 0.025 baht 19 × 1 1.8 Cupronickel สยามอานาจักร
(Kingdom of Siam)
ศก๑๑๖ (RS 116) 		สองสตางค์ครึ่ง
(two and a half satang)
๒ (2) ๑/๒ (1/2) 		1897
5 satang 0.05 baht 19 × 1 2.9 Cupronickel สยามอานาจักร
(Kingdom of Siam)
ศก๑๑๖ (RS 116) 		ห้าสตางค์
(five satang)
๕ (5) 		1897
10 satang 0.10 baht 19 × 1 4~ Cupronickel สยามอานาจักร
(Kingdom of Siam)
ศก๑๑๖ (RS 116) 		สิบสตางค์
(ten satang)
๑๐ (10) 		1897
20 satang 0.20 baht 19 × 1.8 6.45 Cupronickel สยามอานาจักร
(Kingdom of Siam)
ศก๑๑๖ (RS 116) 		ยี่สิบสตางค์
(twenty satang)
๒๐ (20) 		1897

Issue 6 - 1908, 1913, 1929, 1939

[edit]
Issue 6 coins (Rama V, VI, VII, VIII)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
1 satang 22.5 × 1 5 Bronze-copper-zinc Chakra สยามรัฐ ๑ สตางค์
(Siamese State 1 satang) 		1908
รัฐบารไทย ๑ สตางค์
(Thai Government 1 satang) 		1939
5 satang 17.5 × 1 2 Nickel Chakra สยามรัฐ ๕ สตางค์
(Siamese State 5 satang) 		1908
10 satang 20 × 1 3.5 Nickel Chakra สยามรัฐ ๑๐ สตางค์
(Siamese State 10 satang) 		1908
1 baht 31 × 3 16 Silver จุฬาลงกรณ์ สยามินทร์
(Chulalongkorn, Lord of Siam) 		สยามรัฐ ร.ศ.๑๒๗
(Siamese State RS 127)
หนึ่ง บาท (1 baht) 		1908
25 satang 20 × 1.3 3.75 Silver วชิราวุธ สยามินทร์
(Vajiravudh, Lord of Siam) 		สยามรัฐ ๒๔๖๘
(Siamese State BE 2468)
หนึ่ง สลึง (1 salueng) 		1913
50 satang 25.3 × 1.3 7.5 Silver วชิราวุธ สยามินทร์
(Vajiravudh, Lord of Siam) 		สยามรัฐ ๒๔๕๘
(Siamese State BE 2458)
สอง สลึง (2 salueng) 		1913
1 baht 30.5 × 1 15 Silver วชิราวุธ สยามินทร์
(Vajiravudh, Lord of Siam) 		สยามรัฐ ๒๔๖๐
(Siamese State BE 2460)
หนึ่ง บาท (1 baht) 		1913
25 satang 20 × 1.3 3.75 Silver ประชาธิปก สยามินทร์
(Prajadipok, Lord of Siam) 		สยามรัฐ ๒๔๗๒
(Siamese State BE 2472)
หนึ่ง สลึง (1 salueng) 		1929
50 satang 25.3 × 1.3 7.5 Silver ประชาธิปก สยามินทร์
(Prajadipok, Lord of Siam) 		สยามรัฐ ๒๔๗๒
(Siamese State BE 2472)
สอง สลึง (2 salueng) 		1929

Issue 7 - 1937, 1941, 1942, 1945

[edit]
Issue 7 coins (Rama VIII)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
0.5 satang 19 × 1.3 1.8 Bronze Chakra สยามรัฐ ๑/๒ สตางค์
(Siamese State 1/2 satang) 		1937
1 satang 22.5 × 1.3 3.5 Bronze Lotus
พ.ศ.๒๔๘๔ (BE 2484) 		๑ สต. (1 satang)
รัฐบาลไทย (Thai Government) 		1941
15 × 2 1.5 Tin 1942
5 satang 16.6 × 1.3 1.5 Silver Lotus
พ.ศ.๒๔๘๔ (BE 2484) 		๕ สต. (5 satang)
รัฐบาลไทย (Thai Government) 		1941
17.5 × 2 3 Tin 1942
10 satang 19 × 1.3 2.5 Silver Lotus
พ.ศ.๒๔๘๔ (BE 2484) 		๑๐ สต. (10 satang)
รัฐบาลไทย (Thai Government) 		1941
20 × 2 5 Tin 1942
20 satang 22 × 1.3 3 Silver Lotus
พ.ศ.๒๔๘๕ (BE 2485) 		๑๐ สต. (20 satang)
รัฐบาลไทย (Thai Government) 		1942
22 × 2 6 Tin 1945

Issue 8 - 1946

[edit]
Issue 8 coins (Rama VIII)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
5 satang 15 × 1.3 1.3 Tin อานันทมหิดล (Ananda Mahidol)
รัชกาลที่ ๘ (8th Reign) 		รัฐบาลไทย (Thai Government)
๕ สต. (5 satang)
พ.ศ.๒๔๘๙ (BE 2489) 		1946
10 satang 17.7 × 1.3 1.8 Tin อานันทมหิดล (Ananda Mahidol)
รัชกาลที่ ๘ (8th Reign) 		รัฐบาลไทย (Thai Government)
๑๐ สต. (10 satang)
พ.ศ.๒๔๘๙ (BE 2489) 		1946
25 satang 21 × 1.5 2.8 Tin อานันทมหิดล (Ananda Mahidol)
รัชกาลที่ ๘ (8th Reign) 		รัฐบาลไทย (Thai Government)
๒๕ สต. (25 satang)
พ.ศ.๒๔๘๙ (BE 2489) 		1946
50 satang 25.5 × 1.5 5 Tin อานันทมหิดล (Ananda Mahidol)
รัชกาลที่ ๘ (8th Reign) 		รัฐบาลไทย (Thai Government)
๕๐ สต. (50 satang)
พ.ศ.๒๔๘๙ (BE 2489) 		1946

Issue 9 - 1950

[edit]
Issue 9 coins (Rama IX)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
5 satang 15 × 1 1.25 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๕ สต. (5 satang)
พ.ศ.๒๕๐๐ (BE 2500) 		1950
Tin 1950
Bronze 1957
10 satang 17.5 × 1 1.75 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๑๐ สต. (10 satang)
พ.ศ.๒๕๐๐ (BE 2500) 		1950
Tin 1950
Bronze 1957
25 satang 20 × 1 2.5 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๒๕ สต. (25 satang)
พ.ศ.๒๕๐๐ (BE 2500) 		1950
50 satang 23 × 1.7 4.5 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๕๐ สต. (50 satang)
พ.ศ.๒๕๐๐ (BE 2500) 		1950
1 baht 27 × 1.8 7.15 Silver-cupronickel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
หนึ่ง บาท (1 baht)
พ.ศ.๒๕๐๕ (BE 2505) 		1957
7.5 Cupronickel 1962

Issue 10 - 1972

[edit]
Issue 10 coins (Rama IX)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
1 baht 25 × 1.8 7 Cupronickel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๑ บาท (1 baht)
พ.ศ.๒๕๑๗ (BE 2517) 		1972
5 baht 28 × 2.0 9 Cupronickel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		รัฐบาลไทย (Thai Government)
๕ บาท (5 baht)
พ.ศ.๒๕๑๕ (BE 2515) 		1972

Issue 11 - 1977

[edit]
Issue 11 coins (Rama IX)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
25 satang 20.5 × 1.2 2.8 Aluminium bronze ประเทศไทย (Thailand)
รัชกาลที่ ๙ (9th Reign) 		๒๕ สตางค์ (25 satang)
พ.ศ.๒๕๒๑ (BE 2521) 		1977
50 satang 23 × 1.2 4.9 Aluminium bronze ประเทศไทย (Thailand)
รัชกาลที่ ๙ (9th Reign) 		๕๐ สตางค์ (50 satang)
พ.ศ.๒๕๒๓ (BE 2523) 		1977
1 baht 25 × 1.8 7 Cupronickel ประเทศไทย (Thailand)
รัชกาลที่ ๙ (9th Reign) 		๑ บาท (1 baht)
พ.ศ.๒๕๒๐ (BE 2520) 		1977
5 baht 30 × 2.3 12 Cupronickel-clad copper ประเทศไทย (Thailand)
รัชกาลที่ ๙ (9th Reign) 		๕ บาท (5 baht)
พ.ศ.๒๕๒๒ (BE 2522) 		1977

Issue 12 - 1982

[edit]
Issue 12 coins (Rama IX)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
1 baht 25 × 1.8 7 Cupronickel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๑ บาท (1 baht)
พ.ศ.๒๕๒๕ (BE 2525) 		1982
5 baht 30 × 2.3 12 Cupronickel-clad copper ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๕ บาท (5 baht)
พ.ศ.๒๕๒๕ (BE 2525) 		1982

Issue 13 - 1987, 1988, 2005, 2008

[edit]
Issue 13 coins (Rama IX)
Image Value Dimensions
(mm) 		Weight
(g) 		Composition Inscription, description Date of issue
Obverse Reverse Obverse Reverse
25 satang 16 × 1.35 1.9 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๒๕ สตางค์ 25 (25 satang)
พ.ศ.๒๕๔๗ (BE 2547) 		1987
Copperplated steel 2008
50 satang 18 × 1.35 2.4 Aluminium bronze ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๕๐ สตางค์ 50 (50 satang)
พ.ศ.๒๕๓๘ (BE 2538) 		1987
Copperplated steel 2008
1 baht 20 × 1.5 3.4 Cupronickel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๑ บาท (1 baht)
พ.ศ.๒๕๔๒ (BE 2542) 		1987
3 Nickelplated steel 2008
2 baht 21.75 × 1.8 4.4 Nickelplated steel ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๒ บาท 2 (2 baht)
พ.ศ.๒๕๔๙ (BE 2549) 		2005
21.75 × 1.5 4 Aluminium bronze ประเทศไทย (Thailand)
๒ บาท 2 (2 baht)
พ.ศ.๒๕๕๖ (BE 2556) 		2008
5 baht 24 × 2.2 7.5 Cupronickel-clad copper ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย (Thailand)
๕ บาท (5 baht)
พ.ศ.๒๕๓๐ (BE 2530) 		1987
ประเทศไทย(Thailand)
๕ บาท (5 baht)
พ.ศ.๒๕๓๓ (BE 2533) 		1988
24 × 1.75 6 2008
10 baht 26 × 2.15 8.5 Aluminium bronze (center)
Cupronickel (ring) 		ภูมิพลอดุลยเดช (Bhumibol Adulyadej)
รัชกาลที่ ๙ (9th Reign) 		ประเทศไทย(Thailand)
๑๐ บาท 10 (10 baht)
พ.ศ.๒๕๔๕ (BE 2545) 		1988
2008

Current coinage

[edit]

The current coin series is the 14th issue.

In 2008, in the 13th issue, the Ministry of Finance and the Royal Thai Mint announced the 2009 coin series, which included changes in materials to reduce production costs as well as an update of the image on the obverse to a more recent portrait of the king. The two-baht coin, confusingly similar in color and size to the one-baht coin, was changed from nickel-clad low-carbon steel to aluminium bronze. New two-baht coin was the first of the new series released on 3 February 2009, followed by the satang coins in April, a five-baht coin in May, a ten-baht coin in June, and a one-baht coin in July 2009.

In 2018, the Royal Thai Mint and the Ministry of Finance issued a new series of general circulation coins, featuring the same standard specifications, but feature a portrait of its current king, Vajiralongkorn.

Issue 13 - 2009

[edit]
Issue 13 coins (Rama IX) [3] [4] (in Thai)
Value Technical parameters Description Date of first minting
Diameter Mass Composition Obverse Reverse
1 satang1 15 mm 0.5 g 97.5% Al, 2.5% Mg King Bhumibol Adulyadej Wat Phra That Hariphunchai, Lamphun 1987
99% Aluminium 2008
5 satang1 16 mm 0.6 g 97.5% Al, 2.5% Mg King Bhumibol Adulyadej Wat Phra Pathom Chedi, Nakhon Pathom 1987
16.5 mm 99% Aluminium 2008
10 satang1 17.5 mm 0.8 g 97.5% Al, 2.5% Mg King Bhumibol Adulyadej Wat Phra That Choeng Chum, Sakon Nakhon 1987
99% Aluminium 2008
25 satang 16 mm 1.9 g Aluminium bronze King Bhumibol Adulyadej Wat Phra Mahathat, Nakhon Si Thammarat 1987
16 mm 1.9 g Copperplated steel King Bhumibol Adulyadej Wat Phra Mahathat, Nakhon Si Thammarat 2008
50 satang 18 mm 2.4 g Aluminium bronze King Bhumibol Adulyadej Wat Phra That Doi Suthep, Chiang Mai 1987
18 mm 2.4 g Copperplated steel King Bhumibol Adulyadej Wat Phra That Doi Suthep, Chiang Mai 2008
1 baht 20 mm 3.4 g Cupronickel (1987–2008) King Bhumibol Adulyadej Wat Phra Kaew, Bangkok 1987
3 g Nickelplated steel (2008–present) 2008
2 baht 21.75 mm 4.4 g Nickelplated low-carbon steel King Bhumibol Adulyadej Wat Saket, Bangkok 2005
21.75 mm 4 g Aluminium bronze King Bhumibol Adulyadej Wat Saket, Bangkok 2008
5 baht 24 mm 7.5 g Cupronickel-clad copper King Bhumibol Adulyadej Wat Benchamabophit, Bangkok 1988
6 g 2008
10 baht 26 mm 8.5 g Center plug: Aluminium bronze
Outer ring: Cupronickel 		King Bhumibol Adulyadej Wat Arun, Bangkok 1988
2008

Issue 14 - 2018

[edit]
Issue 14 coins (Rama X)
Image Value Composition Description Date of first minting
Obverse Reverse Obverse Reverse
1 satang Aluminum King Vajiralongkorn Monogram of Vajiralongkorn 2018
5 satang Aluminum King Vajiralongkorn Monogram of Vajiralongkorn 2018
10 satang Aluminum King Vajiralongkorn Monogram of Vajiralongkorn 2018
25 satang Copperplated steel King Vajiralongkorn Monogram of Vajiralongkorn 2018
50 satang Copperplated steel King Vajiralongkorn Monogram of Vajiralongkorn 2018
1 baht Nickelplated steel King Vajiralongkorn Monogram of Vajiralongkorn 2018
2 baht Aluminum bronze King Vajiralongkorn Monogram of Vajiralongkorn 2018
5 baht Cupronickel-clad copper King Vajiralongkorn Monogram of Vajiralongkorn 2018
10 baht Center plug: Aluminium bronze
Outer ring: Cupronickel 		King Vajiralongkorn Monogram of Vajiralongkorn 2018

Remarks

[edit]
  1. The 1, 5 and 10 satang are used only internally between banks and are not in circulation.[35]
  2. Older coins, some of which are still in circulation, had only Thai numerals, but newer designs also have Arabic numerals.
  3. The standard-issue 10-baht coin has, at the 12 o'clock position on the reverse, raised dots corresponding to Braille cell dot 1 and dots 2-4-5, which correspond to the number 10.
  4. 10-baht coins are very similar to 2-euro coins in size, shape and weight, and are likewise bi-metallic, although they are worth only 25 eurocents. Vending machines not equipped with up-to-date coin detectors might therefore accept them as €2 coins or old Italian 500 lira coins as well.[36]
  5. Many commemorative 1-, 2-, 5- and 10-baht coins have been made for special events. There also are 20-, 50-, 100-baht base metal commemorative coins and higher-denomination precious metal coins as well.[which?]

In February 2010 the Treasury Department of Thailand stated that it has been planning a new circulation 20-baht coin.[37]

Monarch's profile

[edit]
  • Rama X
    Rama X
  • Rama IX
    Rama IX
  • Rama VII
    Rama VII
  • Rama VII
    Rama VII
  • Rama VI
    Rama VI
  • Rama V
    Rama V

Banknotes

[edit]
Main article: Banknotes of the Thai baht

In 1851, the government issued notes for 1⁄8, 1⁄4, 3⁄8, 1⁄2 and 1 tical, followed by 3, 4, 6 and 10 tamlueng in 1853. After 1857, notes for 20 and 40 ticals were issued, also bearing their values in Straits dollars and Indian rupees. Undated notes were also issued before 1868 for 5, 7, 8, 12 and 15 tamlueng, and 1 chang. One at notes were issued in 1874.

In 1892, the treasury issued notes for 1, 5, 10, 40, 80, 100, 400 and 800 ticals, called "baht" in the Thai text.

On 10 September 1902, the government introduced notes which were printed by Thomas De La Rue & Company Limited, England, during the reigns of Kings Rama V and Rama VI, denominated 5, 10, 20, 100 and 1000 ticals, still called baht in the Thai text — each denomination having many types,[38] with 1 and 50 tical notes following in 1918. In 1925, notes were issued in denominations of 1, 5, 10, 20, 100 and 1,000 baht with the denomination in both Arabic and Thai numerals without English text;[39] English speakers continued to refer to these as "ticals".[40]

On 27 July 2010, the Bank of Thailand announced that the 16th-series banknotes would enter circulation in December 2010.[41][42] On 9 August 2012, the Bank of Thailand issued a new denomination banknote, 80 baht, to commemorate queen Sirikit's 80th birthday.[43] It was the first Thai banknote that featured Crane's MOTION security thread.

In 2017, the Bank of Thailand announced a new family of banknotes in remembrance of the late King Bhumibol Adulyadej (Rama IX). The notes are the same size and dimensions as the "Series 16" banknotes, with the front designs as before, but the back designs featuring images of the king's life in infancy, adolescence and maturity. The new family of banknotes were issued on September 20.[44]

In 2018, the Bank of Thailand announced a new family of banknotes featuring a portrait of the current King Vajiralongkorn (Rama X). The main colors and dimensions of the notes are the same as before, with the back designs featuring images of the Kings of Thailand from past to present. The 20, 50 and 100 baht banknotes were issued on Chakri Memorial Day, April 6, 2018. The final two denominations, 500 and 1,000 baht were issued on the anniversary of the birth of King Maha Vajiralongkorn, July 28, 2018.[45]

Timeline

[edit]
Thai baht#Series 17Thai baht#Series 16Thai baht#Series 16Thai baht#Series 15Thai baht#Series 14Thai baht#Series 12 and 13Thai baht#Series 12 and 13Thai baht#Series 11Thai baht#Series 10Thai baht#Series 9Thai baht#Series 9Thai baht#Series 8Thai baht#Series 7Thai baht#Series 6Thai baht#Series 5Thai baht#Series 4 Type 2Thai baht#Series 4 Type 1Thai baht#Series 3 Type 2Thai baht#Series 3 Type 1Thai baht#Series 2Thai baht#Series 1Thai baht#Banque de L'Indo-Chine banknotesThai baht#Chartered Bank of India, Australia, and China banknotesThai baht#Hong Kong and Shanghai Banking Corporation (HSBC) banknotesThai baht#Royal Treasury banknotesThai baht#1851–1868, Rama IV era banknotesThai baht#1851–1868, Rama IV era banknotes

Predecimal banknotes

[edit]

The characteristic of the banknotes of this era was that there were no series issued at the same time, rather they were issued sporadically and had multiple banks producing their own banknotes.

1851–1868, Rama IV era banknotes

[edit]
Image Value Written text Value in baht Issuing body Date of issue
1 fueang เฟื้องหนึ่ง
方壹
Octava pars ticalis
One eights of Tical 		1/8 Royal Printing Works, Royal Palace of Siam 1853
1 salueng สลึงหนึ่ง
銭壹
Quartia pars ticalis
One quarter of Tical 		1/4 Royal Printing Works, Royal Palace of Siam 1853
1 salueng 1 fueang สลึงเฟื้อง
方銭壹
Tres octava partes ticalis
Three eights of Tical 		3/8 Royal Printing Works, Royal Palace of Siam 1853
2 salueng สองสลึง
銭貳
Media pars ticalis
One half of Tical 		1/2 Royal Printing Works, Royal Palace of Siam 1853
2 salueng 1 fueang สองสลึงเฟื้อง
方銭貳
Quinque octava partes ticalis
Five eights of Tical 		5/8 Royal Printing Works, Royal Palace of Siam 1853
3 salueng สามสลึง
銭參
Tres partes ticalis
Three quarter of Tical 		3/4 Royal Printing Works, Royal Palace of Siam 1853
3 salueng 1 fueang สามสลึงเฟื้อง
方銭參
Septem octava partes ticalis
Seven eights of Tical 		7/8 Royal Printing Works, Royal Palace of Siam 1853
1 baht บาทหนึ่ง
圓壹
Unus ticalis
One Tical 		1 Royal Printing Works, Royal Palace of Siam 1853
2 tamlueng พระราชทานเงินตรา สองตำงลึง 8 Royal Printing Works, Royal Palace of Siam 1856
3 tamlueng พระราชทานเงินตรา สามตำงลึง 12 Royal Printing Works, Royal Palace of Siam 1853; 1856
4 tamlueng พระราชทานเงินตรา สี่ตำงลึง 16 Royal Printing Works, Royal Palace of Siam 1853; 1856
5 tamlueng พระราชทานเงินตรา ห้าตำงลึง 20 Royal Printing Works, Royal Palace of Siam 1853; 1856
6 tamlueng พระราชทานเงินตรา หกตำงลึง 24 Royal Printing Works, Royal Palace of Siam 1856
7 tamlueng พระราชทานเงินตรา เจ็ดตำงลึง 28 Royal Printing Works, Royal Palace of Siam 1856
8 tamlueng พระราชทานเงินตรา แปดตำงลึง 32 Royal Printing Works, Royal Palace of Siam 1856
10 tamlueng พระราชทานเงินตรา สิบตำงลึง 40 Royal Printing Works, Royal Palace of Siam 1853; 1856
12 tamlueng พระราชทานเงินตรา สิบสองตำงลึง 48 Royal Printing Works, Royal Palace of Siam 1856
15 tamlueng พระราชทานเงินตรา สิบห้าตำงลึง 60 Royal Printing Works, Royal Palace of Siam 1856
1 chang พระราชทานเงินตรา ชั่งหนึ่ง 80 Royal Printing Works, Royal Palace of Siam 1853; 1856
1 chang 5 tamlueng พระราชทานเงินตรา ชั่งห้าตำงลึง 100 Royal Printing Works, Royal Palace of Siam 1856
1 chang 10 tamlueng พระราชทานเงินตรา ชั่งสิบตำงลึง 140 Royal Printing Works, Royal Palace of Siam 1856

1868–1902, Rama V era banknotes

[edit]
Royal Treasury banknotes
[edit]
Image Value Date of issue
1 at 1874
1 tical 1892
5 tical
10 tical
40 tical
80 tical
100 tical
400 tical
800 tical
Hong Kong and Shanghai Banking Corporation (HSBC) banknotes
[edit]
Image Value Date of issue
1 tical 1889
5 tical
10 tical
40 tical
80 tical
100 tical
400 tical
Chartered Bank of India, Australia, and China banknotes
[edit]
Image Value Date of issue
5 tical 1984
10 tical
40 tical
80 tical
100 tical
400 tical
Banque de L'Indo-Chine banknotes
[edit]
Image Value Date of issue
5 tical 1986
20 tical
80 tical
100 tical

Decimal banknotes

[edit]

1902–1925 (Series 1), Rama V and Rama VI era

[edit]
  • Series 1
    Series 1
Series 1
[edit]

Series 1 was chosen due to the series which precedes this were non-decimal. Series 1 banknotes was the first series to be produced by Thomas De La Rue & Company Limited. In 1900, Charles James Rivett Carnac, a Royal Treasury Ministry advisor proposed that the Siamese baht followed the issuances of banknotes followed the British standard. The banknote department was established quickly thereafter. The main characteristic of this series was that the notes were one-sided and multilingual, containing Chinese, Malay (in Jawi script), and Latin scripts.[46] It was also the last series to use the term "tical" to refer to the Thai baht, and the largest in term of size of circulated notes.

Series 1 banknotes (Rama V, VI)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 tical 165 × 105 mm Cyan none blank 1918–1925
5 ticals 165 × 105 mm Grey none blank 1902–1925
10 ticals 205 × 126 mm Brown none blank 1902–1925
20 ticals 205 × 126 mm Green none blank 1902–1925
50 ticals 165 × 105 mm Grey none blank 1918–1925
100 ticals 205 × 126 mm Grey none blank 1903–1928
1000 ticals 205 × 126 mm Red none blank 1902–1928

1925–1935 (Series 2 to Series 3 Type 1), Rama VII era

[edit]
  • Series 2
    Series 2
  • Series 3 Type 1
    Series 3 Type 1
Series 2
[edit]

Series 2 banknotes were produced by Thomas De La Rue & Company Limited.

Series 2 banknotes (Rama VII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 135 × 75 mm Blue and yellow none Royal Ploughing Ceremony 1925–1934
5 baht 155 × 85 mm Green and grey none Royal Ploughing Ceremony 1925–1934
10 baht 175 × 95 mm Red none Royal Ploughing Ceremony 1925-1934
20 baht 175 × 95 mm Green none Royal Ploughing Ceremony 1925–1934
100 baht 175 × 95 mm Blue and green none Royal Ploughing Ceremony 1928–1934
1000 baht 195 × 105 mm Red none Royal Ploughing Ceremony 1928–1934
Series 3 Type 1
[edit]

Series 3 type 1 banknotes were produced by Thomas De La Rue & Company Limited. This series was actually delayed due to the Siamese revolution to abolish the absolute monarchy and transform it into a constitutional monarchy. The issuance was supposed to happen in the early 1930s.

Series 3 Type 1 banknotes (Rama VII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 135 × 75 mm Green King Prajadhipok and Suphannahongse Royal Barge Phra Samut Chedi Temple 1934–1935
5 baht 155 × 85 mm Green and grey King Prajadhipok and Temple of the Emerald Buddha Phra Samut Chedi Temple 1934–1935
10 baht 175 × 95 mm Brown King Prajadhipok and a scene of the Mae Ping River Phra Samut Chedi Temple 1934–1935
20 baht 175 × 95 mm Green King Prajadhipok and a scene of a riverside community Phra Samut Chedi Temple 1934–1935

1935–1948 (Series 3 Type 2 to Series 8), Rama VIII era

[edit]
  • Series 3 Type 2
    Series 3 Type 2
  • Series 4 Type 1
    Series 4 Type 1
  • Series 4 Type 2
    Series 4 Type 2
  • Series 5
    Series 5
  • Series 6
    Series 6
  • Series 7
    Series 7
  • Series 8
    Series 8
Series 3 Type 2
[edit]

Series 3 type 2 banknotes were produced by Thomas De La Rue & Company Limited. It was the first series to hold King Rama VIII's portrait, which replaced King Rama VII's portrait in the type 1.

Series 3 Type 2 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 135 × 75 mm Green Young King Ananda Mahidol and Suphannahongse Royal Barge Phra Samut Chedi Temple 1935–1937
5 baht 155 × 85 mm Green and grey Young King Ananda Mahidol and Temple of the Emerald Buddha Phra Samut Chedi Temple 1935–1937
10 baht 175 × 95 mm Brown Young King Ananda Mahidol and a scene of the Mae Ping River Phra Samut Chedi Temple 1935–1937
20 baht 175 × 95 mm Green Young King Ananda Mahidol and a scene of a riverside community Phra Samut Chedi Temple 1935–1937
Series 4 Type 1
[edit]

Series 4 type 1 banknotes were produced by Thomas De La Rue & Company Limited.

Series 4 Type 1 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 125 × 65 mm Green Young King Ananda Mahidol and Phra Samut Chedi Ananta Samakhom Throne Hall 1937–1942
5 baht 135 × 76 mm Green and grey Young King Ananda Mahidol and Phra Pathom Chedi Ananta Samakhom Throne Hall 1937–1942
10 baht 145 × 87 mm Brown Young King Ananda Mahidol and Mahakarn Fortress Ananta Samakhom Throne Hall 1937–1942
20 baht 145 × 87 mm Green Young King Ananda Mahidol and Golden Mountain Stupa Ananta Samakhom Throne Hall 1937–1942
1000 baht 195 × 100 mm Red Young King Ananda Mahidol and a Dusidabhirom Pavilion Ananta Samakhom Throne Hall 1937–1942
Series 4 Type 2
[edit]

Series 4 type 2 banknotes were produced by Royal Thai Survey Department and the Naval Hydrographic Department. During World War II, Thailand was allied with the Empire of Japan. This meant that the government of Thailand could not order banknotes from Thomas De La Rue & Company Limited.

Series Type II banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 125 × 65 mm Green Young King Ananda Mahidol and Phra Samut Chedi Ananta Samakhom Throne Hall 1942
10 baht 146 × 86 mm Brown Young King Ananda Mahidol and Mahakarn Fortress Ananta Samakhom Throne Hall 1942
20 baht 146 × 86 mm Green Young King Ananda Mahidol and Grand Palace Ananta Samakhom Throne Hall 1942
100 baht 125 × 65 mm Cyan Young King Ananda Mahidol and a Wat Arun Ananta Samakhom Throne Hall 1942
Series 5
[edit]

Series 5 banknotes were produced by Notes Printing Works of Japan.

Series 5 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
50 satang 117 × 63 mm Green Young King Ananda Mahidol Grand Palace 1942–1945
1 baht 125 × 65 mm Grey Young King Ananda Mahidol and Pumin Temple Grand Palace 1942–1945
5 baht 135 × 75 mm Green Young King Ananda Mahidol and Wat Benchamabophit Dusitwanaram Grand Palace 1942–1945
10 baht 145 × 85 mm Green Young King Ananda Mahidol and Wat Pho Grand Palace 1942-1945
20 baht 155 × 90 mm Green Young King Ananda Mahidol and Aisawan Tipaya-ast Pavilion Grand Palace 1942–1945
100 baht 175 × 100 mm Red Young King Ananda Mahidol and Wat Arun Grand Palace 1942–1945
1000 baht 175 × 100 mm Green Young King Ananda Mahidol and Grand Palace Grand Palace 1942–1945
Series 6
[edit]

Series 6 banknotes were produced by Royal Thai Survey Department.

Series 6 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
20 baht 147 × 87 mm Green Young King Ananda Mahidol and Dusidapirom Pavilion Ananta Samakhom Throne Hall 1945
100 baht 147 × 87 mm Green Young King Ananda Mahidol and Wat Arun Ananta Samakhom Throne Hall 1945
Series 7
[edit]

Series 7 banknotes relied on private printing under the supervision of the Bank of Thailand. According to the Bank of Thailand, the quality of this series was barely satisfactory.

Series 7 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 104 × 54 mm Cyan King Ananda Mahidol and Phra Samut Chedi Ananta Samakhom Throne Hall 1945
5 baht 135 × 76 mm Purple King Ananda Mahidol and Phra Patom Chedi Ananta Samakhom Throne Hall 1945
10 baht 135 × 76 mm Green King Ananda Mahidol and Mahakarn Fortress Ananta Samakhom Throne Hall 1945
50 baht 104 × 54 mm Red King Ananda Mahidol and Wat Benchamabophit Dusitwanaram Ananta Samakhom Throne Hall 1945
Special series
[edit]

The special series were banknotes that were issued during World War II, each at different times.

Special series banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
50 satang (overprint) 145 × 85 mm Grey Young King Ananda Mahidol and Wat Pho Grand Palace 1946
50 satang (Kong Tek Note) 125 × 65 mm Grey and yellow none Ananta Samakhom Throne Hall 1946
1 baht (Kong Tek Note) 117 × 63 mm Grey and eed King Ananda Mahidol and a 16-pointed star symbol Ananta Samakhom Throne Hall 1942
1 baht (Invasion Note) 114 × 73 mm Grey none none 1946
1000 baht 104 × 54 mm Red King Ananda Mahidol and Phra Prang Sam Yod Ananta Samakhom Throne Hall 1943
Series 8
[edit]

At the end of World War II, Thomas De La Rue & Company Limited's printing house suffered damage from German bombing, thus the Royal Thai Government turned to the United States government to produce the series 8. The Tudor Press Company produced this series.

Series 8 banknotes (Rama VIII)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
1 baht 110 × 66 mm Green King Ananda Mahidol and Phra Patom Chedi The Constitution of Siam 1945–1948
5 baht 110 × 66 mm Blue King Ananda Mahidol and Phra Patom Chedi The Constitution of Siam 1945–1948
10 baht 110 × 66 mm Brown King Ananda Mahidol and Phra Patom Chedi The Constitution of Siam 1945–1948
20 baht 156 × 90 mm Violet King Ananda Mahidol and Phra Patom Chedi The Constitution of Siam 1945–1948
100 baht 156 × 90 mm Brown and cyan King Ananda Mahidol and Phra Patom Chedi The Constitution of Siam 1945–1948

1948–2003 (Series 9 to Series 13), early Rama IX era

[edit]

These banknotes series are not yet demonetized and hence still legal tender, though they are never seen in circulation anymore.

  • Series 9, second portrait
    Series 9, second portrait
  • Series 10
    Series 10
  • Series 11
    Series 11

These banknotes images are allowed under a strict copyright infringement exemption under the Chapter 1: Copyright, Part 6: Exceptions to Infringement of Copyright, Clause 7 of Copyright Act B.E. 2537 (1994) Amended by Copyright Act (NO. 2) B.E. 2558 (2015), and Copyright Act (NO.3) B.E. 2558 (2015) and Copyright Act (NO.4) B.E. 2561 (2018): reproduction, adaptation in part of a work or abridgement or making a summary by a teacher or an educational institution so as to distribute or sell to students in a class or in an educational institution, provided that the act is not for profit.[47]

So as to serve as an educational material, only one side is shown and any series beyond series 13 is omitted.

Series 9
[edit]
Series 9 banknote portrait difference, young portrait (left) and new portrait (right)

Series 9 banknotes were produced by Thomas De La Rue & Company Limited. There are two variations within this series, the young, and new portrait. According to the Bank of Thailand, the color schemes of this series established the denominations' colors for all of the following series due to the series circulating for 20 years.[48]

Series 9 banknotes (Rama IX)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
50 satang 115 × 63 mm Green The Constitution of Thailand Phra Samut Chedi 1948–1969
1 baht 126 × 66 mm Green King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces, and Wat Pho Ananta Samakhom Throne Hall 1948-1955; 1955–1969
5 baht 136 × 77 mm Green and Grey King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces, and Phra Pathomma Chedi Ananta Samakhom Throne Hall 1948–1955; 1955–1969
10 baht 146 × 86 mm Brown King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces, and Pharakarn Fortress Ananta Samakhom Throne Hall 1948–1953; 1953–1969
20 baht 146 × 86 mm Green King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces, and Grand Palace Ananta Samakhom Throne Hall 1948–1955; 1955–1971
100 baht 145 × 86 mm Red King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces, and Wat Arun Ananta Samakhom Throne Hall 1948–1955; 1955-1968
Series 10
[edit]

Series 10 banknotes were produced by Thomas De La Rue & Company Limited. Due to heavy counterfeiting, series 10 was issued in series 9's stead.[49] The 100-baht note is the only denomination issued in this series.

Series 10 banknotes (Rama IX)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
100 baht 145 × 86 mm Red King Bhumibol Adulyadej in uniform Royal barge Suphannahong 1968–1969
Series 11
[edit]

In this series, the 500-baht note was introduced for the first time ever. This coincided with the Bank of Thailand fully converting to an in-house production.[50] As a consequence, the 1-baht note's production was cancelled.

Series 11 banknotes (Rama IX)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
5 baht 130 × 67.5 mm Violet King Bhumibol Adulyadej in full regalia Arphonphimoke Prasat Pavilion 1969–1978
10 baht 135 × 70 mm Brown King Bhumibol Adulyadej in full regalia Wat Benchamabophit 1969–1978
20 baht 140 × 72 mm Green King Bhumibol Adulyadej in full regalia Royal barge Anantanakkharat 1971–1978
100 baht 150 × 77 mm Red King Bhumibol Adulyadej in full regalia Wat Phra Si Rattana Satsadaram 1969–1978
500 baht 160 × 80 mm Purple King Bhumibol Adulyadej in full regalia Phra Prang Sam Yod 1975–1988
Series 12 and 13
[edit]

Series 12 and 13 aimed to glorify past Thai monarchs, the Bank of Thailand dubbed this as "The Great Series." The 5-baht note's production was cancelled. The 50-baht and 500-baht notes are part of series 13 and were issued to commemorate the bicentennial celebration of Bangkok in 1982, though their production had to be delayed for the new printing press to be installed.[51]

Series 12 & 13 banknotes (Rama IX)
Value Dimensions Main colour Description Date of issue
Obverse Reverse
10 baht 132 × 69 mm Brown King Bhumibol Adulyadej in uniform Equestrian statue of King Chulalongkorn 1978–2003
20 baht 139 × 72 mm Green King Bhumibol Adulyadej in uniform King Taksin's statue at Chantaburi 1978–2003
50 baht 144 × 72 mm Blue King Bhumibol Adulyadej in full regalia Ananta Samakhom Throne Hall, the coronation of King Prajadhipok (Rama VII) 1985–1996
50 baht (polymer) 144 × 72 mm Blue and yellow King Bhumibol Adulyadej in full regalia Ananta Samakhom Throne Hall, the coronation of King Prajadhipok (Rama VII) 1996–1997
100 baht 154 × 80 mm Red King Bhumibol Adulyadej in uniform King Naresuan the Great atop his war elephant 1978–1994
500 baht 160 × 80 mm Purple King Bhumibol Adulyadej in the uniform of the supreme commander of the Royal Thai Armed Forces Monument of King Phutthayotfa Chulalok 1988–1996

2003–present (Series 14 to Series 17), late Rama IX and Rama X era

[edit]

Images of banknotes have been removed lest they infringe copyright,[52] but may be viewed at the Thai-language article linked in the margin.

Series 14
[edit]

The series 14 aims to focus on the activities and contributions of the Chakri kings. Officially, only three notes were issued, but the 50-baht notes were also produced alongside this series. The polymer 50-baht is considered to be a part of series 15, even though the production date began in 1994.[53][54]

Series 14 banknotes (Rama IX)[55]
Value Dimensions Main colour Description Date of issue
Obverse Reverse
50 baht
(polymer)		 144 × 72 mm Blue King Bhumibol Adulyadej (Rama IX) in the uniform of the supreme commander of the Royal Thai Armed Forces King Mongkut (Rama IV) 1994–2004
100 baht 150 × 72 mm Red King Mongkut (Rama IV) and King Chulalongkorn (Rama V) 1994–2003
500 baht 156 × 72 mm Purple King Phutthayotfa Chulalok (Rama I) and King Phutthaloetla Naphalai (Rama II) 1996–2001
1,000 baht 166 × 80 mm Silver King Bhumibol Adulyadej (Rama IX) and Queen Sirikit 1992–2005
Series 15
[edit]

The series 15 aims to update and expand the previous series 14's design. The 1000-baht note was resized down. There are two variants of this series, with the second and later variant having updated security features.[56]

Series 15 banknotes (Rama IX)[55]
Value Dimensions Main colour Description Date of issue
Obverse Reverse
20 baht 138 × 72 mm Green King Bhumibol Adulyadej (Rama IX) in the uniform of the supreme commander of the Royal Thai Armed Forces King Ananda Mahidol (Rama VIII) 3 March 2003
50 baht 144 × 72 mm Blue King Mongkut (Rama IV) 19 March 2004
100 baht 150 × 72 mm Red King Chulalongkorn (Rama V) and King Vajiravudh (Rama VI) 21 October 2005
500 baht 156 × 72 mm Purple King Nangklao (Rama III) 1 August 2001
1,000 baht 162 × 72 mm Brown King Bhumibol Adulyadej (Rama IX); Pa Sak Jolasid Dam 25 November 2005
Series 16
[edit]

Similar to the series 15, the series 16 banknotes update the design to include a more later portrait of King Rama IX. There are two variants of this series, the later one being a circulated commemorative series circulating for a year after King Rama IX's passing. The series 16-2 notes depict the life and achievements of King Rama IX on the reverse.

Series 16 banknotes (Rama IX)[55]
Value Dimensions Main colour Description Date of issue
Obverse Reverse
20 baht[57] 138 × 72 mm Green King Bhumibol Adulyadej in the Royal House of Chakri gown King Ram Khamhaeng the Great on the Manangkhasila Asana Throne monument; invention of the Thai script; Ramkhamhaeng stele 1 April 2013[58]
50 baht[59] 144 × 72 mm Blue King Naresuan the Great pouring water for declaration of independence monument; Statue of king Naresuan the Great on war elephant; Phra Chedi Chai Mongkol temple 18 January 2012[60]
100 baht[61] 150 × 72 mm Red King Taksin the Great monument in Wongwian Yai circle; Phra Ratchawang Doem (King Taksin's palace); Wichai Prasit Fortress Thonburi 26 February 2015[62]
500 baht[63] 156 × 72 mm Violet King Phutthayotfa Chulalok the Great (Rama I) monument; Wat Phra Chetuphon Vimolmangklararm Rajwaramahaviharn (Wat Pho); Phra Sumen Fort (Bangkok city wall) 12 May 2014[64]
1,000 baht[65] 162 × 72 mm Brown King Chulalongkorn the Great (Rama V) monument; Ananta Samakhom throne hall, Dusit palace ground king's monument, end of slavery in Siam 21 August 2015[66]
Series 17
[edit]
Series 17 banknotes (Rama X)[67]
Value Dimensions Main colour Description Date of issue
Obverse Reverse
20 baht 138 × 72 mm Green King Vajiralongkorn (Rama X) in the uniform of the commander of the Royal Thai Air Force and wearing the Order of the Nine Gems King Phutthayotfa Chulalok (Rama I) and King Phutthaloetla Naphalai (Rama II) 6 April 2018
50 baht 144 × 72 mm Blue King Nangklao (Rama III) and King Mongkut (Rama IV) 6 April 2018
100 baht 150 × 72 mm Red King Chulalongkorn (Rama V) and King Vajiravudh (Rama VI) 6 April 2018
500 baht 156 × 72 mm Purple King Prajadhipok (Rama VII) and King Ananda Mahidol (Rama VIII) 28 July 2018
1,000 baht 162 × 72 mm Brown King Bhumibol Adulyadej (Rama IX) and King Vajiralongkorn (Rama X) 28 July 2018

Money and unit of mass

[edit]

Ngoen (เงิน) is Thai for "silver" as well as the general term for money, reflecting the fact that the baht (or tical) is foremost a unit of weight for precious metals and gemstones. One baht = 15.244 grams.[68] Since the standard purity of Thai gold is 96.5 percent, the actual gold content of one baht by weight is 15.244 × 0.965 = 14.71046 grams; equivalent to about 0.473 troy ounces. 15.244 grams is used for bullion; in the case of jewellery, one baht should be more than 15.16 grams.

Historical coinage material

[edit]
Example coin Material Date in use[69] Denomation minted
Gold 1863–1905*

*the coins mintage date were only in 1863 & 1876, but they were demonitized by the decimalization.

Predecimal coinage
  • 1/4 baht (1 fueang)
  • 1/2 baht
  • 1 baht
  • 2 baht
  • 4 baht (1 tamlueng)
  • 2 tamlueng
 Silver 1860–1962 Predecimal coinage
  • 1/2 fueang
  • 1/4 baht (1 fueang)
  • 1/2 baht
  • 1 baht
  • 2 baht

Decimal coinage

  • 5 satang
  • 10 satang
  • 20 satang
  • 25 satang
  • 50 satang
  • 1 baht
 Tin 1860–1950 Predecimal coinage
  • 1/16 fueang
  • 1/8 fueang

Decimal coinage

  • 1 satang
  • 5 satang
  • 10 satang
  • 25 satang
  • 50 satang
 Copper 1865–1905 Predecimal coinage
  • 1/16 fueang
  • 1/8 fueang
  • 1/4 fueang
  • 1/2 fueang
 Brass 1865–1977 Predecimal coinage
  • 1/4 fueang
  • 1/2 fueang

Decimal coinage

  • 25 satang
 Bronze 1887–1957 Predecimal coinage
  • 1/16 fueang
  • 1/8 fueang
  • 1/4 fueang

Decimal coinage

  • 1/2 satang
  • 1 satang
  • 5 satang
  • 10 satang
 Nickel 1908–1937 Decimal coinage
  • 5 satang
  • 10 satang
 Aluminium bronze 1950–present Decimal coinage
  • 5 satang
  • 10 satang
  • 25 satang
  • 50 satang
 Cupronickel 1897–present Transitional coinage
  • 2 1/2 satang
  • 5 satang
  • 10 satang
  • 20 satang

Decimal coinage

  • 1 baht
  • 5 baht
  • 10 baht (outer ring)
Nickelplated steel 2005–present Decimal coinage
  • 1 baht
  • 2 baht
*inner part 		Copper-aluminium-nickel 2008–present Decimal coinage
  • 5 baht
  • 10 baht (inner plug)
*no wiki-image exist a Al-Br coin version is used Copperplated steel 2008–present Decimal coinage
  • 25 satang
  • 50 satang
This table only includes milled coins. Photduang, knife-cash, etc, are not included.

Exchange rates

[edit]
Historical exchange rate of USD/THB from 1980 to 2015
Historical exchange rate of EUR/THB since 2005

The Bank of Thailand adopted a series of exchange controls on 19 December 2006, which resulted in a significant divergence between offshore and onshore exchange rates, with spreads of up to 10 percent between the two markets. Controls were broadly lifted on 3 March 2008 and there is now no significant difference between offshore and onshore exchange rates.[70]

USD/THB average exchange rate
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
40.24 40.26 37.92 32.34 32.99 34.34 31.73 30.48 31.07 30.71
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
32.48 34.25 35.28 33.91 32.48 34.25 35.30 33.94 32.31 31.05
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
31.30

(Source 1999–2013: usd.fx-exchange.com)

(Source 2014–2020: Bank of Thailand) [5] Archived 2021-01-23 at the Wayback Machine

Current THB exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD INR TWD

See also

[edit]

References

[edit]
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Sources
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